Mixed options sentiment in Super Micro (SMCI), with shares up 34c, or 0.87%, near $40.10. Options volume relatively light with 104k contracts traded and calls leading puts for a put/call ratio of 0.32, compared to a typical level near 0.44. Implied volatility (IV30) dropped 0.19 near 70.59,and below the 52wk median, suggesting an expected daily move of $1.78. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Buy at Argus.
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